What Is the Value of a Classic Car?
A classic car is any car that was made more than 25 years ago or so. Many car lovers collect old vehicles and get them running again, or simply buy them so the cars can sit inside the garage. Determining the value of a classic car is useful for many reasons, whether it’s for insurance or loan purposes, figuring out if the car you’re trying to buy is worth it or even to keep accurate records of how much the cars you already own are worth. The job of determining value is usually done by an appraiser. But you won’t be going to any appraiser for this–the appraiser has to specialize in older vehicles. Get an appraisal from Automobile Inspections (see Resources). This company has 500 locations in the US and Canada and will give you a value for cars that were even made before 1945. On their website you can see a sample report. The appraisal is $25 additional. This service will cost you a good chunk of cash. Contact US Appraisal if you have an incredibly old car that needs a value (see Resour
